thursday 1 Posted November 11, 2009 Share Posted November 11, 2009 oh dear, so many relevant questions and so little incentive to answer. I would never hint or advise people what to do with their money if not paid to do so. This conversation was going on 3 years ago. And it is still going on in the same vein. Nice..... Link to post Share on other sites
tripitaka 0 Posted November 11, 2009 Share Posted November 11, 2009 Originally Posted By: thursday oh dear, so many relevant questions and so little incentive to answer. I would never hint or advise people what to do with their money if not paid to do so. This conversation was going on 3 years ago. And it is still going on in the same vein. Nice..... And if you were paid Thursday? You would tell them to pour their life savings into a condo in Northern Japan? Link to post Share on other sites
thursday 1 Posted November 11, 2009 Share Posted November 11, 2009 I need some sort of incentive to answer that. Generally speaking, I 'd say there is no magic formula, just use your common sense. Those without common sense are the most welcomed customers we have. Link to post Share on other sites
Jynxx 4 Posted November 11, 2009 Share Posted November 11, 2009 Everyone is an expert economist and investment adviser these days Anyone consider what happened to all that Naeba villas ? Link to post Share on other sites
Jynxx 4 Posted November 11, 2009 Share Posted November 11, 2009 very true, thursday Link to post Share on other sites
mactos 0 Posted November 11, 2009 Share Posted November 11, 2009 Originally Posted By: thursday I need some sort of incentive to answer that. Generally speaking, I 'd say there is no magic formula, just use your common sense. Those without common sense are the most welcomed customers we have. so you make a living ripping people off that dont know any better. good for you... Link to post Share on other sites
Jynxx 4 Posted November 12, 2009 Share Posted November 12, 2009 now, now, that's taking it to a bit of insult. some salesman sell crap, and pride themselves that they can sell anything, some provide a good service, but one has to question whether the product is really necessary . IMO there are a lot of things with value added and marketed " you want this" "you gotta have it" "it's the future" you can blame the marketing for selling the un-sellable and the sales can justify it. People want to hear what they want to. They want to be convinced of their own follies and want to be sold. Thursday is just pointing that out. Link to post Share on other sites
thursday 1 Posted November 12, 2009 Share Posted November 12, 2009 Originally Posted By: Go Native Yep plenty of them up here who made some huge returns in the last 5 years. Just lucky I guess Hold on Kimosabe, I was saying there is a lack of sophisticated investors on the forum. Click to reveal.. ... and up north.. Link to post Share on other sites
thursday 1 Posted November 12, 2009 Share Posted November 12, 2009 Originally Posted By: Jynxx now, now, that's taking it to a bit of insult. some salesman sell crap, and pride themselves that they can sell anything, some provide a good service, but one has to question whether the product is really necessary . IMO there are a lot of things with value added and marketed " you want this" "you gotta have it" "it's the future" you can blame the marketing for selling the un-sellable and the sales can justify it. People want to hear what they want to. They want to be convinced of their own follies and want to be sold. Thursday is just pointing that out. Jynxx, Mactos, no offense taken, I am just scum. Link to post Share on other sites
Tubby Beaver 209 Posted November 12, 2009 Share Posted November 12, 2009 Originally Posted By: thursday Originally Posted By: Jynxx now, now, that's taking it to a bit of insult. some salesman sell crap, and pride themselves that they can sell anything, some provide a good service, but one has to question whether the product is really necessary . IMO there are a lot of things with value added and marketed " you want this" "you gotta have it" "it's the future" you can blame the marketing for selling the un-sellable and the sales can justify it. People want to hear what they want to. They want to be convinced of their own follies and want to be sold. Thursday is just pointing that out. Jynxx, Mactos, no offense taken, I am just scum. I can vouch for that Link to post Share on other sites
thursday 1 Posted November 12, 2009 Share Posted November 12, 2009 cheers TB, I knew I could always count on you. Link to post Share on other sites
Tubby Beaver 209 Posted November 12, 2009 Share Posted November 12, 2009 Link to post Share on other sites
Go Native 70 Posted November 12, 2009 Share Posted November 12, 2009 Well as others have pointed out previously people buy holiday homes or investment properties for various reasons and it's not always about making lots of money. Still I don't feel that the sales pitch in Niseko 'duped' a whole lot of people. I personally know many people who made small and some large fortunes buying and selling property here over the last 5 or 6 years. I know a few who were basically able to retire due to their investing here. Whether or not there's still good investment opportunities is for those interested to decide. Personally I'm glad the building boom has subsided for a bit, makes for a quieter summer! Link to post Share on other sites
greg 4 Posted November 12, 2009 Share Posted November 12, 2009 I think it is worth remembering "sophisticated investors" caused the GFC in the first place. Before anyone says it was mum and dad with easy credit it was the banks who supplied the easy credit packaged the debts together in bundles and sold them on to other investment groups. The only reason it didn't happen earlier is the sub prime debt laws of the 30's were removed/modified in the US during the Bush administration. The biggest banks in the US and around the world paid top dollar for their sophisticated investors and it took unsophisticated governments to save their ass. Sophisticated investors just like most people didn't see it coming. Link to post Share on other sites
SantaCruz 0 Posted November 12, 2009 Share Posted November 12, 2009 Just for shits and giggles... I'm doing a trip to Niseko in Jan/Feb. If I wanted to get a feel for whats on the market, prices, etc who would I ping about that? Link to post Share on other sites
pickled mushhead 0 Posted November 12, 2009 Share Posted November 12, 2009 Places listed on http://www.snowjapan.com/e/hotel/niseko-hokkaido-accommodation.html GoNative Link to post Share on other sites
SantaCruz 0 Posted November 12, 2009 Share Posted November 12, 2009 Originally Posted By: pickled mushhead Places listed on http://www.snowjapan.com/e/hotel/niseko-hokkaido-accommodation.html GoNative Thanks pickled. I've already got lodging for my trip. I meant getting a feel for the real estate market in Niseko. Cheers Link to post Share on other sites
Go Native 70 Posted November 12, 2009 Share Posted November 12, 2009 Just do a search for real estate Niseko and there'll be plenty of sites come up. Link to post Share on other sites
thursday 1 Posted November 12, 2009 Share Posted November 12, 2009 Originally Posted By: Gtrain I think it is worth remembering "sophisticated investors" caused the GFC in the first place. Before anyone says it was mum and dad with easy credit it was the banks who supplied the easy credit packaged the debts together in bundles and sold them on to other investment groups. The only reason it didn't happen earlier is the sub prime debt laws of the 30's were removed/modified in the US during the Bush administration. The biggest banks in the US and around the world paid top dollar for their sophisticated investors and it took unsophisticated governments to save their ass. Sophisticated investors just like most people didn't see it coming. You've confused investors with institutional instruments rated by bent agencies. Link to post Share on other sites
tripitaka 0 Posted November 12, 2009 Share Posted November 12, 2009 Originally Posted By: Go Native Just do a search for real estate Niseko and there'll be plenty of sites come up. Typically a good sign of where not to invest is to do look at multiple counts on hits for a location and real estate. You have the usual suspects: Gold Coast, Dubai, Miami, Vegas, Fiji. I don't want to add Hakuba and Niseko to that list! Link to post Share on other sites
Go Native 70 Posted November 12, 2009 Share Posted November 12, 2009 No idea what you mean by that Link to post Share on other sites
tripitaka 0 Posted November 12, 2009 Share Posted November 12, 2009 Originally Posted By: Go Native No idea what you mean by that What do they all have in common? Plenty of guys with white shoes trying to sell you a dream. Link to post Share on other sites
Go Native 70 Posted November 12, 2009 Share Posted November 12, 2009 Um ok. And that relates to searching for real estate companies how? Link to post Share on other sites
HelperElfMissy 42 Posted November 13, 2009 Share Posted November 13, 2009 Originally Posted By: tripitaka Originally Posted By: Go Native No idea what you mean by that What do they all have in common? Plenty of guys with white shoes trying to sell you a dream. nothing wrong with living the dream. Link to post Share on other sites
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